Compagnie de Serville: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
Compagnie de Serville
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€71,275
2024 · €84,550-€13,275
Equity
€1.1m
2024 · €990,121+€71,275
Cash
€118
2024 · €723-€605
Balance sheet total
€5.7m
2024 · €5.6m+€107,244
Largest movements
Assets
- Receivables within one year +€108,745
up €108,745 (+5.7%), from €1.9m to €2.0m
of which Other amounts receivable: +€98,741
Equity and liabilities
- Other debts +€201,558
up €201,558 (+7.7%), from €2.6m to €2.8m
- Debts after one year -€155,081
down €155,081 (-9.8%), from €1.6m to €1.4m
of which Financial debts: -€174,402
- Reserves +€71,275
up €71,275 (+26.9%), from €265,121 to €336,395
of which Distributable reserves: +€67,675
Income statement
- Gross operating margin -€10,539
down €10,539 (-6.1%), from €173,281 to €162,742
- Provisions +€6,185
up €6,185 (+24.1%), from -€25,642 to -€19,457
- Financial charges +€6,007
up €6,007 (+5.0%), from €119,748 to €125,755
- Depreciation -€3,771
down €3,771 (-100%), from €3,771 to €0
- Taxes -€3,324
down €3,324 (-13.6%), from €24,380 to €21,057
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€84,550
Gross operating margin
-€10,539
Depreciation
+€3,771
Provisions
-€6,185
Other operating charges
+€14
Financial income
+€2,347
Financial charges
-€6,007
Taxes
+€3,324
Result 2025
€71,275
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€185,966
Investment
€0
Financing
-€186,571
Cash 2024
€723
From operations (derived)
+€185,966
Net result for the year
+€71,275
Receivables within one year
-€108,745
Deferred charges and accrued income
+€896
Provisions
-€19,457
Trade debts
+€27,882
Tax, wage and social debts
+€12,557
Other debts
+€201,558
Financing
-€186,571
Debts after one year
-€155,081
Current portion of long-term debt
+€835
Short-term financial debts
-€32,325
Cash 2025
€118
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,574,867 | €5,682,110 | +€107,244 | +1.9% |
| Fixed assets | 21/28 | €3,653,079 | €3,653,079 | = | 0.0% |
| Tangible fixed assets | 22/27 | €834,400 | €834,400 | = | 0.0% |
| Land and buildings | 22 | €834,400 | €834,400 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,818,679 | €2,818,679 | = | 0.0% |
| Current assets | 29/58 | €1,921,788 | €2,029,032 | +€107,244 | +5.6% |
| Amounts receivable within one year | 40/41 | €1,918,301 | €2,027,046 | +€108,745 | +5.7% |
| Trade receivables | 40 | €1,818 | €11,822 | +€10,004 | +550% |
| Other amounts receivable | 41 | €1,916,483 | €2,015,224 | +€98,741 | +5.2% |
| Cash at bank and in hand | 54/58 | €723 | €118 | -€605 | -83.7% |
| Deferred charges and accrued income | 490/1 | €2,764 | €1,868 | -€896 | -32.4% |
| Total equity and liabilities | 10/49 | €5,574,867 | €5,682,110 | +€107,244 | +1.9% |
| Equity | 10/15 | €990,121 | €1,061,395 | +€71,275 | +7.2% |
| Contributions | 10/11 | €725,000 | €725,000 | = | 0.0% |
| Capital | 10 | €725,000 | €725,000 | = | 0.0% |
| Issued capital | 100 | €725,000 | €725,000 | = | 0.0% |
| Reserves | 13 | €265,121 | €336,395 | +€71,275 | +26.9% |
| Non-distributable reserves | 130/1 | €17,500 | €21,100 | +€3,600 | +20.6% |
| Legal reserve | 130 | €17,500 | €21,100 | +€3,600 | +20.6% |
| Tax-exempt reserves | 132 | €22,215 | €22,215 | = | 0.0% |
| Distributable reserves | 133 | €225,405 | €293,080 | +€67,675 | +30.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €85,207 | €65,750 | -€19,457 | -22.8% |
| Provisions for liabilities and charges | 160/5 | €85,207 | €65,750 | -€19,457 | -22.8% |
| Major repairs and maintenance | 162 | €85,207 | €65,750 | -€19,457 | -22.8% |
| Amounts payable | 17/49 | €4,499,539 | €4,554,964 | +€55,426 | +1.2% |
| Amounts payable after more than one year | 17 | €1,575,595 | €1,420,514 | -€155,081 | -9.8% |
| Financial debts | 170/4 | €1,173,245 | €998,843 | -€174,402 | -14.9% |
| Other amounts payable | 178/9 | €402,350 | €421,671 | +€19,321 | +4.8% |
| Amounts payable within one year | 42/48 | €2,923,943 | €3,134,450 | +€210,507 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €175,130 | €175,965 | +€835 | +0.5% |
| Financial debts | 43 | €32,325 | €0 | -€32,325 | -100% |
| Credit institutions | 430/8 | €32,325 | €0 | -€32,325 | -100% |
| Trade debts | 44 | €23,698 | €51,580 | +€27,882 | +118% |
| Suppliers | 440/4 | €23,698 | €51,580 | +€27,882 | +118% |
| Taxes, remuneration and social security | 45 | €61,149 | €73,706 | +€12,557 | +20.5% |
| Taxes | 450/3 | €41,448 | €50,821 | +€9,373 | +22.6% |
| Remuneration and social security | 454/9 | €19,701 | €22,885 | +€3,183 | +16.2% |
| Other amounts payable | 47/48 | €2,631,641 | €2,833,199 | +€201,558 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,771 | €0 | -€3,771 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€25,642 | -€19,457 | +€6,185 | +24.1% |
| Other operating charges | 640/8 | €22,549 | €22,535 | -€14 | -0.1% |
| Gross operating margin | 9900 | €173,281 | €162,742 | -€10,539 | -6.1% |
| Operating profit (loss) | 9901 | €172,603 | €159,663 | -€12,939 | -7.5% |
| Financial income | 75/76B | €56,075 | €58,423 | +€2,347 | +4.2% |
| Recurring financial income | 75 | €56,075 | €58,423 | +€2,347 | +4.2% |
| Financial charges | 65/66B | €119,748 | €125,755 | +€6,007 | +5.0% |
| Recurring financial charges | 65 | €119,748 | €125,755 | +€6,007 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €108,930 | €92,331 | -€16,599 | -15.2% |
| Income taxes | 67/77 | €24,380 | €21,057 | -€3,324 | -13.6% |
| Profit (loss) for the period | 9904 | €84,550 | €71,275 | -€13,275 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,550 | €71,275 | -€13,275 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.